Gray Television owns and operates television stations and digital assets in markets throughout the United States. The company was founded in 1897 and is based in Atlanta, Georgia.
GTN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Gray Television Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Gray Television Inc ranked in the 90th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 1807.67%. As for the metrics that stood out in our discounted cash flow analysis of Gray Television Inc, consider:
In the past 5.75 years, Gray Television Inc has a compound free cash flow growth rate of 0.46%; that's better than 88.8% of cash flow producing equities in the Consumer Cyclical sector, where it is classified.
27% of the company's capital comes from equity, which is greater than only 12.89% of stocks in our cash flow based forecasting set.
Gray Television Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 15.11% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Gray Television Inc? See SGC, SKY, FORK, ABG, and PRTY.
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